🚨 GGMA Macro Roadmap: FOMC Meeting in Focus Alongside Australian CPI, BOC and RBNZ Rate Decisions Overnight, Australia's inflation data could decide whether the RBA raises rates again next week. Central banks are expected to raise rates, and Canada's is the closer call for its currency. The Fed is expected to hold, and its December guidance matters most for two-year yields (if any; note that Warsh strongly opposes forward guidance): Economists see the range staying at 3.75-4.00% at 19:00 CET, and traders price in an 81% chance of a December increase. Tomorrow's Macro Roadmap: Germany's GfK consumer confidence comes out at 08:00 CET, the UK Budget and US goods trade at 13:30 CET and US crude inventories at 15:30 CET, with Microsoft and Alphabet after the US close. Read the full article on our website for free: